Mphasis launches risk and compliance centre for financial services

Hyderabad, Aug 3 (IANS) Leading IT services and solutions provider Mphasis on Wednesday launched its Cognitive Hub for Risk and Compliance (CHRC) for the global financial services sector in Hyderabad.

CHRC, said to be industry’s first centre of its kind, will focus on creation and delivery of next generation governance, risk and compliance framework and domain specific solutions for enterprises in the financial services industry.

“Modern technology gives us the ability to re-imagine a new world of IT services. Our hyper-specialisation journey is now embarking on leveraging cognitive technology for Risk and Compliance,” said Ganesh Ayyar, Chief Executive Officer and Executive Director of Mphasis.

He said CHRC would leverage high-end technology talent pool available in Hyderabad to develop and deliver cutting edge solutions in the area of GRC.